Rabobank wins with 12-month dollar call
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Rabobank has topped this week's 12-month currency forecast rankings with a conservative view on the dollar, after senior FX strategist Jane Foley had correctly predicted the pace of appreciation in the greenback would be more moderate than consensus expectations.
On February 1, 2013, Rabobank's 12-month forecast for EUR/USD was 1.40 from the then-prevailing rate of 1.3646. Foley correctly anticipated optimism about the recovery in the US economy and the effects of the
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